Tax Increases Quotes

Democrats believe, plausibly, that middle-class entitlements are instantly addictive and, because there is no known detoxification, that class, when facing future choices between trimming entitlements or increasing taxes, will choose the latter.

How does a government reduce expenditures? To be absolutely flat about it, 99 per cent of it is accomplished by putting people out of work. Now that is a tough way to say it, but it is a fact.

When you’re spending 24 billion dollars in pork barrel transportation projects how can you go to the American people and talk about tax increases.

It is extremely difficult to rescind entitlements to which people think they are legally entitled. Taxes can easily go up and down. There isn’t the same political pressure.

In 2010 the U.S. will have a payroll tax rate increase, an estate tax increase, and income tax increases. There's also a tax increase coming in 2010 on carried interest. This rate will rise from its current level of 15 percent to 35 percent, and then it will rise again in 2011.

Massive debts owed to foreign creditors weaken our global influence and threaten high inflation and steep tax increases for our children and grandchildren.

I was not going to balance the budgets on the backs of communities.

If class warfare isn’t the richest of the rich fighting tooth and nail against unions and any tax increases while record numbers of people lose their homes, what is?

The sky isn't falling. We're not going to have more meteors hit because of sequestration.

Cutting the fiscal deficit is not popular. That is the experience of all governments in all countries. Expenditure cuts hurt certain vested interests, and they don't like it.

When it was necessary to raise money for the prosecution of the war, and a loan was sought of two hundred millions of dollars, more than fourteen hundred millions were subscribed by the people of the United States, and for the first time in our history your government my government sells a three-per-cent. bond, a bond which sold at par, which is now worth a premium of five cents on every dollar, which profit has gone to the people. For it was a popular loan, and no citizen was able to receive more than five thousand dollars worth of bonds.

The state is out of control, the state is on a spending binge, the state has to stop putting itself in a hole that's getting deeper and deeper and deeper.

I wouldn't minimize the avoidance of tax increases as a contribution to human welfare.

There's a lot of evidence you can sell people on tax increases if they think its an investment.

Honest talk about the deficit is risky. Voters are more enthusiastic about the abstract notion of deficit reduction than about the painful details of accomplishing it.

After adding trillions to the debt on big-government policies most Americans didn't ask for and which we couldn't afford, Democratic leaders say they need more money, which they intend to take from small business, even though small businesses create the majority of new jobs.

The revenue you take in should be enough to cover the revenue that you spend and go beyond that to get a reserve. In order to do that we [in California] need cuts and pension reforms, and taxes.

… prosperity is under attack by the Obama administration

Governors of both political parties face a stark choice between unpopular tax increases and drastic cuts in Medicaid, education, public safety and other essential services.

If, before 2020, there is a choice between further spending cuts, more borrowing and tax rises, the priority must be to avoid tax increases. They would disrupt consumption, employment and investment.

I have paid over $10 billion in taxes. But the government should collect even more from people like me.

Ronald Reagan was long thought to be the most conservative of Republicans. And by any standard today he is the most popular Republican in modern history. Yet he raised taxes 11 times, supported a ban on assault rifles and the Brady Bill, which mandated background checks, and established amnesty for 3 million undocumented workers.

I'm for tax reform, not tax increases.

The truth is Mr. Trump could simply sit in the Oval Office for four years like a potted plant, and that would be a vast improvement over the Obama agenda, which was almost in every case - from tax increases to spending stimulus bills to Obamacare, Dodd-Frank, the war on fossil fuels, and so on - bad for growth.

To avoid large and unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programs such as Social Security and Medicare, less spending on everything else from education to defense, or some combination of the above.